New energy storage device paves way for low carbon future

A new energy storage system which supports the National Grid to rapidly charge electric cars and utilise local renewable sources is paving the way for a low carbon future.

The Department of Energy and Climate Change has awarded EValu8 Transport Innovations Ltd (on behalf of the EVEREST Consortium) a £3.4 million contract to develop and build the technology demonstrator system. The contract is part of the UK Government's drive to support energy storage research and implementation across the UK.

The Lotus Engineering headquarters and automotive test centre, situated at Hethel in Norfolk, has been selected as the site for the demonstration system to be installed.

Keith Bevis, Managing Director of EValu8 Transport Innovations, said: "Low carbon and renewable energy technology is essential for the economic growth of the country. We are delighted to be working with this excellent consortium that brings innovation to support the expansion of Plug-In-Vehicle infrastructure and rapid charging. We see real potential for this energy storage solution to extend into a variety of other markets."

Energy and Climate Change Minister Greg Barker said: "The ability to store energy for use at peak demand will become increasingly important in the move towards a low carbon economy.

"This investment will give EVEREST the boost it needs to develop energy storage designs, helping cut costs and bringing new technologies to market in this sector".

EVEREST will in part utilise 'end of first life' electric vehicle batteries and will be connected to a comprehensive range of vehicle re-charging equipment compatible with all major motor manufacturer's vehicles.

In addition to its automotive charging functionality, the device can operate as a renewable energy storage hub, as well as support a host of other applications, where peak energy demand exceeds the electricity network capacity.